J. Powell announced today that we will NOT hesitate to be MORE STRICT in increase the rates even more, regardless of the market consequences. It’s clear that the Fed is estimating a crash and can do nothing about it so, Powell is going with the flow. Why not! Inflation is the main target here and the Fed is gonna do anything to reach their aim. Short now or...
The Cubs are hungry, and dinner is served! If the whole US is shorting NASDAQ, then what do you expect to have? ;)
FOMC meetings + Inflation + Less Profits + Unemployment = The Mother of all Crashes I am not optimistic at all nor exaggerating… Just wait and see.. better grab 1 month worth of popcorn. Declamer: This is my personal opinion and not financial advice. Everyone is purely accountable for his trades and decisions. Good luck!